Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from Alvexo review
About the broker
| Web: | https://alvexo.com |
| License: | CySec FSA |
| Supported languages: | English, Spanish, French, Italian and Portuguese |
| Year of foundation: | 2014 |
| Holder: | VPR Safe Financial Group Limited |
| Headquarters: | 1 Agias Fylaxeos St, 3025 Limassol, Cyprus |
| Methods of contacting customer support: | E-mail, phone, online chat |
| Contact: | info@alvexo.com +35725023932 |
| Deposit methods: | Bank transfer, VISA, MasterCard, Skrill |
| Withdrawal methods: | Bank transfer, VISA, MasterCard, Skrill |
About trading with Alvexo
| Minimum deposit: | 500 USD |
| Min. trade: | 0.01 |
| Spreads: | Look at the spread table - spread on the currency pair EUR/USD is 1.8 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex (55), cryptocurrencies (15) |
| Mobile app: |  |
| MetaTrader 4: |  |
| Other trading platforms: | WebTrader |
| Social trading: | |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at Alvexo, of course you can find current info on their website https://alvexo.com.
Spreads at Alvexo on standard account*
| EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
|---|---|---|---|---|---|
| 1.8 |
* Spread was taken 17.01.2020 at 21:08 from the web or trading platform of Alvexo.
Random reviews of competing CFD brokers: Equiti, Forex4Money, TopFX and CapXM
Frequently Asked Questions
🧐 Is Alvexo a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if Alvexo is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with Alvexo is very simple, just register on their website.
📱 Does Alvexo offer the best mobile app for trading?
Alvexo offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the Alvexo mobile app.
⚖️ Would you recommend me Alvexo?
Alvexo is one of tens (possibly hundreds) of brokers operating in the European Union, and that's why it makes no sense to choose Alvexo as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. 74% of retail investor accounts lose money when trading CFDs with this provider |
 | | 100 USD | 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. 80% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with Alvexo, please share it in the comments to help others to choose the suitable broker.
Alvexo cancelled my account for accusing me of using Expert Advisor
After I made profit from 6 trade within a week. Don’t be the next victim like me.
My account was cancelled as below:
Pursuant to the Company’s monitoring procedures and examination of your trading account, we have reasonable grounds to believe that you have been abusing the Company’s Terms & Conditions since your trading activity pattern indicates that your trading was performed with the assistance of an expert advisor.
Further to the above, in accordance with Sections 15.2 and 26.4 of the Terms & Conditions, the Company shall terminate the business relationship with immediate effect.
In this respect, kindly note that all open positions will be closed (if any) and no additional profits will be released to you, whilst as a gesture of goodwill, the Company shall not recall any profits already withdrawn from your trading account.
Finally, we would like to notify you that the Company shall not accept the opening of any new trading accounts nor the referral of any new Clients.
We apologise for any inconvenience caused.
Best regards,
Compliance Department
HSN Capital Group Ltd